Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG

The huge volume of sovereign debt in developed countries (particularly the United States) is often exploited to promote questionable theories about imminent financial collapse.However, the problem is real, and it has become much more acute due to interest rates rising in response to entrenched inflation.The United States paid $475 billion for debt service alone in…

The former hedge fund manager suggested that top-tier NFTs essentially serve as status symbols, and should see significant upside during crypto boom cycles. 69 Total views 3 Total shares Own this piece of history Collect this article as an NFTReal Vision CEO and co-founder Raoul Pal believes nonfungible tokens (NFTs) will act similar to “high-end…

Bitcoin has settled $712 billion already in 2020, while stablecoins have already seen their biggest year ever. 1749 Total views 5 Total shares Cryptocurrency public blockchains will settle more in 2020 than ever before and have already topped $1.3 trillion, data shows.Compiled by analytics firm Messari on July 21, the figures reveal that Bitcoin (BTC)…

The Tron Foundation has announced a $20 million buyback plan in a blog post published on June 25.The buyback is purportedly part of an initiative to bolster community activity and market stability.The company is going to conduct the largest tron (TRX) token buyback plan so far with the widest coverage in the secondary market, the…

Nonfungible tokens (NFTs) are finally on the most infamous privacy-focused blockchain, but not everyone is happy about it. Mordinals, or Monero Ordinals, are similar to Bitcoin Ordinals in that they allow anyone to inscribe data alongside transactions stored on the Monero blockchain.From reduced privacy on the network to storing illegal content on an undeletable database,…

Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre in partnership with blockchain data firm Chainalysis. Own this piece of history Collect this article as an NFTA joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially…

Blocknox, a subsidiary of Boerse Stuttgart Digital Ventures GmbH that has provided cryptocurrency custody service on an escrow basis, is looking to expand the service to its institutional clients.Boerse Stuttgart revealed the plans in a Feb. 18 tweet, detailing that Blocknox’s crypto custody offer will also be available to fintech companies, banks and asset managers.…

As the crypto bull market continues to gain traction, the price of Aave’s native token, (AAVE), is pushing toward new all-time highs.The growth of the decentralized lending platform appears to be bolstered by improving fundamentals, steady growth in the total value locked on the platform, and the creation of a DeFi based crypto-collectibles token and…

The platform is anticipated to launch in the first quarter of 2022 and will facilitate buying, selling and licensing of metaverse assets. 1097 Total views 17 Total shares MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million.Led by Animoca Brands, MetaMundo’s debut…